I am Rich

This is the title of a new iPhone app that is selling for $999.99 in the app store. Seriously. $1000 for an application. What does it do? Cure cancer? Feed the poor? Nope. Here you go:

"When run "I Am Rich" simply displays a red gem and accompanying glow, letting the world know that the owner has more money than sense - though some would argue that ownership of an iPhone already denotes that to some degree."

Read more about it here.